Category: Investor’s Corner

Primero Provides an Operations and Corporate Update

“We remain very cognizant of the challenges facing us and remain committed to our Primero stakeholders in working to achieve resolution,” stated Joseph F. Conway, Interim President and Chief Executive Officer. “We continue to advance our strategic process and our objective is to obtain a fair distribution of value for Primero stakeholders. At the same time, we are working on possible alternatives to refinance or repay our revolving credit facility due in November and see the sale of the Black Fox asset as a critical step towards meeting this near-term hurdle.”

IMPACT Silver Announces Stock Option Grant

IMPACT Silver Corp. announces that it has granted, pursuant to its stock option plan, a total of 1,900,000 stock options to directors, officers and employees exercisable at a price of $0.35 per share for a five-year term.

Miner Hochschild boosts hunt for acquisitions: executive

Speaking at the mining convention Perumin in southern Peru, Ignacio Bustamante said the company was mostly looking at opportunities in mineral-rich countries in the Americas with investor-friendly laws, and mentioned Peru, Mexico, Chile, Colombia, Argentina, Canada and the United States.

Magellan Gold Announces New CFO and Secretary

Magellan Gold Corporation is pleased to announce the appointment of Michael P. Martinez as CFO and Secretary of the Company, effective immediately. To facilitate this change, John C. Power recently stepped down as CFO and Secretary. The Company wishes to thank Mr. Power for his service as an officer since Magellan’s inception. Mr. Power will continue in his role as a director of the Company.

McEwen Mining Announces Bought Deal of $40.5 Million

McEwen intends to use the net proceeds of the offering to fund the previously announced acquisition of the Black Fox Complex and associated assets and liabilities, an operating precious metal mine, associated claims and equipment located in the Township of Black River-Matheson, Ontario, Canada, and the Grey Fox Property, an exploration property located near the Black Fox Complex, and for working capital and general corporate purposes. If the foregoing acquisitions do not close, McEwen will use the net proceeds of this offering for working capital and general corporate purposes.

DynaResource, Inc. Announces News Release Issued by DynaResource De México, S.A. De C.V.

DynaResource, Inc. reports that DynaResource de México SA de C.V., the 100% owner of the San Jose de Gracia high-grade gold project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, issued a news release dated Sept. 15, 2017, announcing the favorable ruling for DynaMéxico against Goldgroup Resources Inc. in an Amparo Trial (an appellate ruling) in the State of Veracruz, México.

Stockport Exploration Inc. Announces Proposed Acquisition of Sona Nanotech Limited

Sona is a nano technology life science firm that has developed two proprietary methods for the manufacture of rod shaped gold nanoparticles. The principal business carried out and intended to be continued by Sona is research and development of its proprietary technology for use in multiplex diagonostic testing platforms that will improve performance over existing tests in the market.

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